This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 2-bathroom apartment of 100 m² on the 1st floor. Located on rua da Barranha, 62, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment benefits from a garage space, providing essential parking in the central area of Ermesinde, and has a low condominium fee, enhancing overall affordability.
The valuation. The asking price of €275,000 sits slightly above the fair value of €266,822 by €8,178 (3.1%). This positioning indicates that the property is priced fairly, allowing for a reasonable negotiation margin.
Fair value modelled at €266,822 from 6 comparable sales in the area. Asking €275,000 sits €8,178 (3.1%) above — overpriced versus fair value.
Asking €275,000 versus the rua da Barranha, 62 area baseline of €258,576 (€2,586/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €258,576, adjusted for condition and micro-location, gives a modelled fair value of €266,822 (€2,668/m²), a €8,178 (3.1%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Barranha, 62 | Subject | €275,000 | €2,750 | — | 68 | 64 |
| estrada Nova | Active | €249,000 | €2,621 | 4.7% | 72 | 70 |
| Águas Santas · ab7146 | Active | €250,000 | €3,205 | 16.6% | 70 | 64 |
| Ermesinde · 19f7e0 | Active | €250,000 | €3,086 | 12.2% | — | 75 |
| rua Teixeira de Pascoais, 81 | Active | €367,000 | €2,447 | 11.0% | 70 | 71 |
| Median comp | €250,000 | €2,854 | 3.8% | 70 | 71 |
Family rental The property is well-suited for family rentals due to its spacious 100m² layout and moderate condition rating of 65/100, appealing to families looking for long-term residence. The suburban location offers a reasonable balance of accessibility to Porto city center while still providing a sense of community. Long-term rental With a fair value of €266,822 and a gross yield of 4%, this property presents a stable option for a long-term rental investment, reflecting consistent rental demand in suburban areas. However, considering the slight gap from fair value at 3.1%, investors should be cautious as there is limited room for rental growth immediately. Buy-and-hold As a buy-and-hold investment, this property aligns with moderate market stability through its decent condition and neighborhood ratings, suggesting the potential for gradual appreciation over time. The fair valuation indicates that while the property isn't a steal, it still possesses quality attributes that can yield moderate returns in the future.
Economic Fluctuation Risk With an economic stability score of 65/100 and tenant stability at 62/100, the property is exposed to potential fluctuations in market demand that could affect occupancy rates and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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